Investor Presentaiton

Global Banking and Markets YEAR-OVER-YEAR HIGHLIGHTS . Net Income up 60% $MM Q3/20 Y/Y Q/Q Reported Net Income¹ $600 +60% +15% Pre-Tax, Pre Provision Profit $925 +88% +10% Revenue $1,545 +43% +6% • Expenses $620 +5% 1% PCLS $149 N/A (4%) Productivity Ratio 40.1% (1,460 bps) (210 bps) PCL Ratio² 0.50% +51 bps -4 bps PCL Ratio Impaired Loans² 0.13% +14 bps +4 bps 1 Attributable to equity holders of the Bank 2 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures 3 Refer to Non-GAAP Measures on slide 45 for adjusted results . • o Continued strong trading and investment banking revenues Revenue up 43% o Non-interest income up 57% o Net Interest income up 11% Loans grew 18% and Deposits up 46% Expenses up 5% Improved productivity ratio by 1,460 bps Positive YTD operating leverage of 26% PCL ratio² of 50 bps 1,3 ADJUSTED NET INCOME ¹³ ($MM) AND ROE³ (%) 13.8% 12.8% 14.0% 15.4% 17.5% 600 523 374 451 405 Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 48

View entire presentation